Inverness Acreage Parcel A

Vacant Land for Sale
Catylist Listing ID: 30739400
Property Subtypes: Mobile Home Park, Multi-Family, Self Storage
Gross Land Area: 59.57 Acres
Sale Price: $1,850,000
Unit Price: $31,055 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

Situated a few traffic lights from Downtown Inverness are 60 acres of prime development opportunity! Parcel A consists of commercially-zoned vacant land with over 2,500' of frontage on US Highway 41—any development would thrive! Subject property would be an ideal spot for RV Storage or Multi-family Residential Development. The lot had previously been planned for up to (86) RV stalls and (29) mobile homes. Benefits of the surrounding area include a traffic count of 15,500 and less than 20 minutes from I-75 in Wildwood! Citrus County will undergo a dramatic surge of population and spending once the construction of the $135 Suncoast Parkway extension is completed early next year. Parcel A and Parcel B can be sold either seperatley or together. This is your opportunity to invest in a prime development project!

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Taxing Authority: Citrus County Tax Collector
Tax ID/APN: 20E19S07 13000
Zoning: COMMERCIAL
Property Visibility: Excellent
Legal Description: BEG AT NE COR OF NW1/4, TH N 89 DEG 36M 11S W AL N LN OFNW1/4 629.03 FT, TH 21 DEG 5M 48S E 500 FT, TH N 89 DEG 36M 11SW 200 FT TO NE'LY R/W LN OF US
Largest Nearby Street: HWY 41 N
Feet of Frontage: 2,588
Traffic/Vehicle Count: 15,500
Lot Frontage: 2588'
Lot Depth: 1428'
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,227 16,618 32,589
Median Age: 54.84 50.81 51.91
Households: 2,024 7,399 14,299

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